Japanese Big 3 Rely On Lease Deals And Discounts To Stem Exodus Of Customers

Toyota, Honda and Nissan are counting on new lease programs to keep customers from straying because of the lack of selection of popular models in the aftermath of the March earthquake.

American Honda Motor Co. told dealers last week to offer to extend customers' leases by up to six months on most models. Honda also will offer $500 cash to lease customers who move into new leases.

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